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Ethena TVL Falls Over 55% to $6.63B from Peak of $14.98B

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ETH
$3,000.951.08%
Ethena’s TVL has fallen over 55% to $6.63B from its peak of $14.98B, per Wu Shuo Blockchain. The drop reflects ongoing volatility in the crypto market. Altcoins to watch may include Ethena as TVL shifts highlight changing investor sentiment. The decline marks one of the largest drops in the DeFi space this year.
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